Selling Houses Australia

Episode Guide

Developer Dreams

Series 5 · Episode 6

John dreamed of living mortgage free. So when he spotted a super size block in the Newcastle suburb of Glendale, he thought he’d found his ticket to a debt free living. The idea was to subdivide, build a house at the back and sell the one at the front. That plan would have worked if John had not acted on some bad advice to re-zone the block for medium density living to increase its value. Suddenly, council wanted John to build not one, but eight houses - a build he can’t afford. After eight years of living in the run down house, his wife Rayleen has had enough. She’s desperate to get out, but finding a buyer is proving impossible.

John dreamed of living mortgage free. So when he spotted a super size block in the Newcastle suburb of Glendale, he thought he’d found his ticket to a debt free living. The idea was to subdivide, build a house at the back and sell the one at the front.